in Africa since the early 1990s.
|
|
- Coral Sanders
- 5 years ago
- Views:
Transcription
1 Revenue Administration Reforms in Africa since the early 1990s..and Tax Administration Benchmarking David Kloeden IMF Fiscal Affairs Department
2 Francophone & Anglophone Sub-Saharan Africa with apologies to the rest Grouping West Africa Southern Africa Central Africa East Africa 15 Francophone/19 Anglophone Benin, Burkina Faso, Côte I voire, Gambia, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone & Togo Botswana, Lesotho, Mauritius, Namibia, Seychelles, South Africa, Swaziland, & Zimbabwe Cameroon, Central African Rep., Chad, Congo Rep. & Gabon Burundi, DRC, Kenya, Malawi, Rwanda, Tanzania, Uganda & Zambia
3 Anglophone Indirect, Direct & Trade Tax collections Percent of GDP
4 Francophone: Indirect, Direct & Trade Tax collections Percent of GDP Benin Burkina Faso Burundi Cameroon Central African R. Chad Congo Cote d'ivoire DRC Gabon Guinea Mali Niger Senegal Togo
5 Anglophone Tax Collection Trend: Mid-1990s to Percent of GDP Tax/GDP 2008 Tax/GDP mid-90s
6 age Francophone - Tax Collection Trend: Mid-1990s to Percent of GDP Ben nin Burkina Faso Burun undi Cameroo oon Central African R. Cha had Cong ngo Cote d'ivoi oire DRC Gabo bon Guine nea Mali Nige ger Senega gal Tog ogo Averag age LIC Averag Tax/GDP 2007 Tax/GDP mid-90s
7 Who has mobilized revenue. Anglophone Francophone Botswana +10.9% Benin +1.5% Ghana + 5.2% Burkina Faso +3.5% Lesotho +22.5% Cameroon +1% Liberia % Chad +5% Malawi + 4.6% DRC +7% Namibia + 6.8% Gabon +8% Nigeria +2.5% Guinea +2% Rwanda +3.7% Mali +5% Sierra Leone +5.6% Niger +5% South Africa +2.3% Swaziland +8.5% Senegal +8% Tanzania +4.2% Togo +3% Uganda + 1.2%
8 and who had flat or lower collections Anglophone Gambia +0.5% Kenya 2.3% Mauritius +0.2% Seychelles 9.4% Zambia 1.0% Zimbabwe 17.7% Francophone Burundi +0.5% Central African R. -1.5% Congo -3% Cote d Ivoire -3%
9 Reform Drivers Mobilize revenue & reduce poverty Modernize administration/improve service Reduce compliance burden Reduce administration costs Facilitate trade and investment Improve integrity
10 Reform Drivers Mobilizing Revenue Fiscal Deficits (2007) Sub-Sahara Africa - Fiscal Position Eritrea Zimbabwe Burundi Guinea-Bissau Malawi Mozambique Rwanda Tanzania Cape Verde Sierra Leone Burkina Faso Ethiopia Ghana Madagascar Niger Mali Comoros Uganda Gambia Zambia DRC Senegal Togo Benin Sao Tome and Principe Kenya Mauritius Liberia Swaziland Cote d Ivoire Namibia Guinea Seychelles Angola Botswana South Africa Cameroon Central African Rep. Lesotho Congo, Rep. of Nigeria Chad Gabon Equatorial Guinea Expenditure Revenues
11 Reform Drivers Improving Efficiency Paying Tax (2009) from best (1 st ) to183rd Mauritius Botswana South Africa Ethiopia Comoros Zambia Seychelles Swaziland Lesotho Rwanda Malawi Ghana Uganda Liberia Sudan Mozambique Namibia Madagascar Gabon Eritrea Tanzania Cape Verde Burundi Nigeria Guinea-Bissau Niger Chad Angola Burkina Faso Côte d'ivoire São Tomé and Principe Congo, Dem. Rep. Mali Zimbabwe Kenya Togo Sierra Leone Equatorial Guinea Benin Guinea Cameroon Senegal Mauritania Gambia, the Central African Republic Congo, Rep.
12 Reform Drivers Improving Efficiency Trading Across Borders (2009):1st to183rd Mauritius Cape Verde Senegal Gambia, the Ghana São Tomé and Principe Togo Seychelles Tanzania Madagascar Guinea-Bissau Liberia Guinea Benin Gabon Comoros Sierra Leone Equatorial Guinea Mozambique Sudan Lesotho Nigeria Uganda Cameroon South Africa Kenya Botswana Namibia Swaziland Ethiopia Zambia Côte d'ivoire Mauritania Chad Congo, Dem. Rep. Eritrea Zimbabwe Mali Malawi Angola Rwanda Niger Burundi Burkina Faso Central African Republic Congo, Rep.
13 Reform Drivers - Improving Integrity Corruption Index (2007) Index of Most to Least Corruption Equatoria al Guinea Guinea epublic of Congo, Dem. Re Zimbabwe Chad Angola Guinea-Bissau Cote D Ivoire Burundi Congo Sier C Central African Moz rra Leone Nigeria Togo Kenya Cameroon Republic Niger Gabon Gambia Uganda Malawi Ethiopia Comoros Zambia Eritrea zambique Senegal Benin Sao Tome and Principe Swaziland Burk Ma Tanzania Mali Liberia kina Faso Lesotho Ghana adagascar Rwanda S So eychelles Namibia uth Africa Mauritius Botswana Australia
14 Topics Revenue Authorities (RA) Value Added Tax VAT Tax Administration Integration Self-Assessment Segmentation Customs Administration
15 Revenue Authorities: History in Anglophone Africa and beyond Ghana , Uganda 1991, Swaziland of 19 Anglo countries now have a form of RA Also Mozambique, Ethiopia and recently Burundi All but two include customs 8 of 17 include non-traditional functions Varied role and relevance of the board RAs now dominate the landscape..
16 The spread of Revenue Authorities across Anglophone Africa Botswana Gambia Ghana > (separate semi-autonomous customs and income tax services) > (new VAT service and Governing Board) Kenya Lesotho Liberia Malawi Mauritius Namibia Nigeria (separate customs and tax services) Rwanda Seychelles Sierra Leone South Africa Swaziland Tanzania Uganda Zambia Zimbabwe
17 Revenue Authorities: Their Impact Claims Findings Best vehicle for reform Reforms without RA Address civil service HR better problems Better services Higher public confidence Reduce corruption Mostly perception of More autonomy stakeholders Independent funding Not followed or flawed But this is only part of the story
18 Value Added Tax VAT Major revenue source particularly on imports Global phenomenon Associated tariff reform 15 of 19 Anglophone Africa countries from1990 Seychelles, Swaziland, Gambia coming, Liberia later 14 of 15 Francophone African countries from 1990 Burundi recently introduced, only DRC with no VAT but planned Single rate common average 15 percent (Anglophone), 18 percent (Francophone) Issues: Low registration thresholds with too many taxpayers Exemptions with weak administration and compliance giving low productivity, especially in Francophone countries
19 VAT Administration Separate department initially, sometimes Customs (Anglophone) Always with tax admin (Francophone) Why not initially integrated with income tax (Anglophone)? Trend now to integrate tax administration, as opposed to separate departments within tax administration
20 How the Tax Admin structure evolved Income Tax Department Sales Tax Department Sales Tax Customs (with Sales Tax) Income Tax Department VAT Department Customs Department Excises Domestic Tax Department Customs Department
21 Integration Tax Type Weaknesses Benefits of Integration Resource duplication Economies of scale Multiple taxpayer contact One-stop shop Uncoordinated audit & Comprehensive audits & enforcement coordinated enforcement Lack of harmonization Harmonized procedures Higher costs Lower costs, better service No single taxpayer view Whole-of-taxpayer of view
22 Self-Assessment VAT was the impetus Income tax still inconsistently self-assessed More effective with: Clear legislation Good taxpayer services Simple filing and payment procedures es Strong collection enforcement Selective risk-based audit Fairly applied penalties Fair and timely dispute resolution b tf fth i it ll ti Afi ti..but few of these prerequisites all present in African countries
23 Taxpayer Segmentation Size related segments: Large businesses, and possibly wealthy individuals Medium-size businesses Small businesses Micro businesses Other segment groupings not primarily size related: Individuals (non-business) Government agencies Non-profit organizations
24 Taxpayer Segmentation: Taxpayer/Revenue Distribution Number of Taxpayers Revenue Contribution Large Business Large: <1% 70+ % Medium business Medium 5 25 % 10 25% Small & Micro business 70 95% Small & Micro: 0 10%
25 Taxpayer Segmentation: begins with... Large Taxpayer Office (LTO): Now in 13 of 19 Anglophone African countries Now in 15 of 15 Francophone African countries Secure 50+ percent of revenue Modernize with: Functional and integrated organization Simplified procedures New approaches risk analysis, self-assessment Computerization
26 Taxpayer Segmentation: and may lead to.. A few countries are now developing dedicated offices and/or programs for the administration of medium-size taxpayers Others have or are developing simplified presumptive regimes for small business below the VAT threshold
27 Customs Administration Still a critical revenue agency in SSA countries: Stagnant/declining duties, but still important revenue Usually collect more than half of gross VAT But the role of customs is evolving, to: Facilitate rather than impede trade Yet, ensure security and trade chain integrity Commonality with tax administration: Often in same organization Revenue Authority Shared concepts self-assessment, segmentation
28 Customs challenges and priorities Challenges Priorities Corruption Stronger commitment t to Complex Procedures Arusha declaration needed Deficient computerization IT effectiveness better when High costs and poor procedures are simplified outcomes Reduced exemptions are Excessive Exemptions key to revenue mobilization Regional/International Updated strategies/skills: obligations value/origin i WTO valuation methods Risk-based more post- release controls
29 African Tax Administration Benchmarking
30 Survey of African Tax Administration Focus on Francophone & Anglophone Countries To test the methodology and process as a pilot exercise to be fine-tuned and later extended Regional balance sought 20 countries surveyed, with 15 respondents: Benin, Ghana, Kenya, Malawi, Mauritius, Rwanda, Senegal, Sierra Leone, South Africa, Tanzania, Uganda, and Zambia
31 Survey of African Tax Administration Survey covered 9 broad topics, with an average of 4 sub-themes each Responses included: A mix of descriptive and yes/no responses Quantitative data Supporting documentation such as annual reports, strategic plans, and website information. Self-assessed, but cross-checked by IMF knowledge from extensive TA over many years Quality review by respondents to verify information and conclusions
32 Survey Structure 1. Institutional Framework: Finance Ministry unit or Revenue Authority Responsibilities tax, customs, non-tax, etc Tax regimes administered Responsibility to administer i social contributions ti 2. Tax Administration Organization Features: Structured by tax type, functional, segment, hybrid Units for core and support functions Governance arrangements, e.g. internal audit Recent organization reforms Arrangements for large and medium taxpayers
33 Survey Structure. 3. Management, responsibilities and practices: Budget, staffing, decision making powers Performance targets and measures Corporate planning and reporting Taxpayer rights Taxpayer service standards 4. Revenue Collections: By tax type for past three years By taxpayer segment Arrears by tax type and type of taxpayer
34 Survey Structure.. 5. Resources Expenditures for salaries, administration, IT, etc Office network HQ, regions, local, service centers Staff allocation by function 6. Collection/filing mechanisms: Withholding obligations Advanced payment requirements VAT obligations threshold, rates, periodicity, refund arrangements Small Business taxation characteristics of special regime and arrangements, number of taxpayers and collections
35 .Survey Structure 7. Tax Administration Powers Information gathering Authority to search Enforcement of debt collection Penalty and interest t for noncompliance 8. Operational Performance and Metrics: Numbers of registered taxpayers by tax type Methods to pay tax 9. Taxpayer Identification and Computerization: Taxpayer Number how many used and features Use of Information Technology to support admin
36 Survey Report 7 Chapters 1. Revenue Admin Institutional Arrangements 2. Organizational Features 3. Strategic planning and management practices 4. Resourcing revenue administration functions 5. Revenue performance 6. Filing, assessment, and payment systems 7. Legal and administrative powers
37 African Tax Administration Benchmarking Next Steps: Presentation of the Survey Findings Planning for the next steps to broaden country coverage and deepen surveyed topics Benchmarking ownership and leadership by the African Tax Administration Forum (ATAF) Joint ATAF Korea Conference on Domestic Resource Mobilization in Cape Town, April 4 7, 2011
Revenue Administration Reforms in Anglophone Africa since the early 1990s
Revenue Administration Reforms in Anglophone Africa since the early 1990s Developments & Trends David Kloeden IMF Fiscal Affairs Department Anglophone Sub-Saharan Africa Grouping West Africa Southern Africa
More informationAfrican Financial Markets Initiative
African Financial Markets Initiative African Domestic Bond Fund Feasibility Study Frankfurt, November 2011 This presentation is organised into four sections I. Introduction to the African Financial Markets
More informationAfrica: An Emerging World Region
World Affairs Topical Series Africa: An Emerging World Region (Table of Contents) July 18, 2018 TABLE OF CONTENTS Evolution of Africa Markets.. Early Phase... Maturation Phase... Stumbles Phase.... Population...
More informationBuilding Resilience in Fragile States: Experiences from Sub Saharan Africa. Mumtaz Hussain International Monetary Fund October 2017
Building Resilience in Fragile States: Experiences from Sub Saharan Africa Mumtaz Hussain International Monetary Fund October 2017 How Fragility has Changed since the 1990s? In early 1990s, 20 sub-saharan
More informationImproving the Investment Climate in Sub-Saharan Africa
REALIZING THE POTENTIAL FOR PROFITABLE INVESTMENT IN AFRICA High-Level Seminar organized by the IMF Institute and the Joint Africa Institute TUNIS,TUNISIA,FEBRUARY28 MARCH1,2006 Improving the Investment
More informationPension Patterns and Challenges in Sub-Saharan Africa World Bank Pensions Core Course April 27, 2016
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Pension Patterns and Challenges in Sub-Saharan Africa World Bank Pensions Core Course April 27, 2016 Mark C. Dorfman
More informationFiscal Policy Responses in African Countries to the Global Financial Crisis
Fiscal Policy Responses in African Countries to the Global Financial Crisis Sanjeev Gupta Deputy Director Fiscal Affairs Department International Monetary Fund Outline Global economic outlook Growth prospects
More informationFinancial Development, Financial Inclusion, and Growth in Africa
International Monetary Fund African Department Financial Development, Financial Inclusion, and Growth in Africa ECOWAS Regional Conference, Dakar, Senegal, Roger Nord Deputy Director African department
More informationREGIONAL MATTERS ARISING FROM REPORTS OF THE WHO INTERNAL AND EXTERNAL AUDITS. Information Document CONTENTS BACKGROUND
2 June REGIONAL COMMITTEE FOR AFRICA ORIGINAL: ENGLISH Sixty-seventh session Victoria Falls, Republic of Zimbabwe, 28 August 1 September Provisional agenda item 19.9 REGIONAL MATTERS ARISING FROM REPORTS
More informationWorld Bank Group: Indira Chand Phone:
World Bank Group: Indira Chand Phone: +1 202 458 0434 E-mail: ichand@worldbank.org PwC: Rowena Mearley Tel: +1 646 313-0937 / + 1 347 501 0931 E-mail: rowena.j.mearley@pwc.com Fact sheet Paying Taxes 2018
More informationPaying Taxes 2019 Global and Regional Findings: AFRICA
World Bank Group: Indira Chand Phone: +1 202 458 0434 E-mail: ichand@worldbank.org PwC: Sharon O Connor Tel:+1 646 471 2326 E-mail: sharon.m.oconnor@pwc.com Fact sheet Paying Taxes 2019 Global and Regional
More informationNEPAD-OECD AFRICA INVESTMENT INITIATIVE
NEPAD-OECD AFRICA INVESTMENT INITIATIVE 1 Presentation outline 1. CONTEXT 2. GOALS & DESIGN 3. ACTIVITIES & WORK METHODS 4. EXPECTED IMPACT 5. GOVERNANCE 2 1. CONTEXT Investment is a driver of economic
More information30% DEPOSIT BONUS FOR OUR TRADERS IN AFRICA PROMOTION. Terms and Conditions
30% DEPOSIT BONUS FOR OUR TRADERS IN AFRICA PROMOTION Terms and Conditions INTRODUCTION FXTM 1 is running the 30% Deposit Bonus for Our Traders in Africa Promotion (hereinafter referred to as the Promotion
More informationPerspectives on Global Development 2012 Social Cohesion in a Shifting World. OECD Development Centre
Perspectives on Global Development 2012 Social Cohesion in a Shifting World OECD Development Centre Perspectives on Global Development Trilogy through the lens of Shifting Wealth: 1. Shifting Wealth 2.
More informationAssessing Fiscal Space and Financial Sustainability for Health
Assessing Fiscal Space and Financial Sustainability for Health Ajay Tandon Senior Economist Global Practice for Health, Nutrition, and Population World Bank Washington, DC, USA E-mail: atandon@worldbank.org
More informationMDRI HIPC MULTILATERAL DEBT RELIEF INITIATIVE HEAVILY INDEBTED POOR COUNTRIES INITIATIVE GOAL GOAL
GOAL To ensure deep, broad and fast debt relief and thereby contribute toward growth, poverty reduction, and debt sustainability in the poorest, most heavily indebted countries. HIPC HEAVILY INDEBTED POOR
More informationHIPC DEBT INITIATIVE FOR HEAVILY INDEBTED POOR COUNTRIES ELIGIBILITY GOAL
GOAL To ensure deep, broad and fast debt relief with a strong link to poverty reduction. ELIGIBILITY IDA-Only & PRGF eligible Heavily indebted (i.e. NPV of debt above 150% of exports or above 250% of government
More informationMDRI HIPC. heavily indebted poor countries initiative. To provide additional support to HIPCs to reach the MDGs.
Goal To ensure deep, broad and fast debt relief and thereby contribute toward growth, poverty reduction, and debt sustainability in the poorest, most heavily indebted countries. HIPC heavily indebted poor
More informationHIPC HEAVILY INDEBTED POOR COUNTRIES INITIATIVE MDRI MULTILATERAL DEBT RELIEF INITIATIVE
GOAL To ensure deep, broad and fast debt relief and thereby contribute toward growth, poverty reduction, and debt sustainability in the poorest, most heavily indebted countries. GOAL To provide additional
More informationFAQs The DFID Impact Fund (managed by CDC)
FAQs The DFID Impact Fund (managed by CDC) No. Design Question: General Questions 1 What type of support can the DFID Impact Fund provide to vehicles selected through the Request for Proposals ( RFP )?
More informationPaying Taxes An African perspective. Paying Taxes An African perspective 1
Paying Taxes 2010 An African perspective Paying Taxes 2010 - An African perspective 1 2009 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member fi rms of
More informationChallenges and opportunities of LDCs Graduation:
Challenges and opportunities of LDCs Graduation: UNDP as a Strategic Partner in the Graduation Process Ayodele Odusola, PhD Chief Economist and Head Strategy and Analysis Team UNDP Regional Bureau for
More informationEffects of Transfer Pricing in developing countries: Cases in Africa
ACCOUNTANTS ANNUAL CONFERENCE 2016 Effects of Transfer Pricing in developing countries: Cases in Africa APC- Bunju 3 rd December, 2016 CPA Ahmad Mohamed (MARLA, ADA, Dip-Edu) Disclaimer This presentation
More informationThe Landscape of Microinsurance Africa The World Map of Microinsurance
Published by Study conducted by MICRO INSURANCE CENTRE Developing partnerships to insure the world s poor The Landscape of Microinsurance Africa 2015 Preliminary Briefing Note The World Map of Microinsurance
More informationDomestic Resource Mobilization in Africa
Domestic Resource Mobilization in Africa Yiagadeesen (Teddy) Samy Associate Professor Norman Paterson School of International Affairs and Institute of African Studies Carleton University March 12, 2015
More informationSmall States - Performance in Public Debt Management
Small States - Performance in Public Debt Management Jeffrey D. Lewis Director Economic Policy, Debt and Trade Department World Bank Small States Forum October 12, 2013, Washington DC Outline 1. The small
More informationAFRICAN MINING: POLITICAL RISK OUTLOOK FOR 2017
AFRICAN MINING: POLITICAL RISK OUTLOOK FOR 2017 10 th Annual Investing in African Mining Barnaby Fletcher, Analyst, Control Risks 28 November 2016 www.controlrisks.com Control Risks Group Limited Risk
More informationLet s look at the life cycle of a gold project from discovery to closure
Risks and rewards of gold mining i in Africa Indaba 2011 Let s look at the life cycle of a gold project from discovery to closure Production value Discovery Feasibility Capital Recoupment Reinvestment
More informationRoad Maintenance Financing in Sub-Saharan Africa: Reforms and progress towards second generation road funds
Sub-Saharan Africa Transport Policy Program, SSATP Road Maintenance Financing in Sub-Saharan Africa: Reforms and progress towards second generation road funds M. BENMAAMAR, SSATP WB Transport Learning
More informationAfrica Business Forum, Energy Industry Session
African Development Bank Energy Financial Solutions, Policy & Regulation Africa Business Forum, Energy Industry Session May 3 rd, 2018 OUTLINE THE ENERGY SECTOR, A STRATEGIC PRIORITY FOR THE AFRICAN DEVELOPMENT
More informationInnovative Financing for Energy Projects
Innovative Financing for Energy Projects ABOUT COFIDES The Spanish Financing Company for Development, COFIDES, S.A., S.M.E., is a state-owned company incorporated by: ICEX 25,74% ICO BBVA BANCO BANCO BANCO
More informationInnovative Approaches for Accelerating Connectivity in Africa. - One Stop Border Post (OSBP) development-
High Level Side Event At the 1st TICAD V Ministerial Meeting Innovative Approaches for Accelerating Connectivity in Africa - One Stop Border Post (OSBP) development- Saturday, 3 May 2014 @Palais des Congres,
More informationPwC Tax Calendar 2016
www.pwc.com/ng PwC Tax Calendar 2016 The PwC experience Our brand The PwC brand is the major unifying force for our network across the world. A clear indication of the value and reputation of the global
More informationPARIS CLUB RECENT ACTIVITY
PARIS CLUB RECENT ACTIVITY 1/13 OUTLINE 1. Quick review of Paris Club recent activity 2. Prepayment by Russia of its Paris Club debt 2/13 Key events in June 2006-May 2007 1. Implementation of the HIPC
More informationPart One Introduction
Part One Introduction 1. Background The International Comparison Program (ICP) is a global statistical initiative set up on the recommendation of the United Nations Statistical Commission to enable international
More informationSubject: UNESCO Reformed Field Network in Africa
The Director-General DG/note/14/2 3 January 2014 Original: English Deputy Director-General Assistant Directors-General Directors of Bureaux, Offices and Divisions at Headquarters Directors and Heads of
More informationRegional Profile: Sub-Saharan Africa (SSA)
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Regional Profile: Sub-Saharan Africa (SSA) 2 2013 The International Bank for Reconstruction
More information53 rd UIA CONGRESS Seville - Spain October 27-31, 2009 FOREIGN INVESTMENT COMMISSION INVESTING IN SUB-SAHARAN AFRICA: DEVELOPMENT AND OR PROTECTIONISM
53 rd UIA CONGRESS Seville - Spain October 27-31, 2009 FOREIGN INVESTMENT COMMISSION Date of the session: Friday, October 30, 2009 INVESTING IN SUB-SAHARAN AFRICA: DEVELOPMENT AND OR PROTECTIONISM AFRICA'S
More informationERSU scholarships academic year
ERSU scholarships academic year 2017-18 To apply for scholarship, 1) International students living abroad must produce the following documents: the composition of the household unit (the conventional household
More informationLessons learnt from 20 years of debt relief
International Monetary Fund Strategy, Policy and Review Department Lessons learnt from 20 years of debt relief Hervé Joly DMF stakeholders forum 2011 Overview Debt relief initiatives: what has been achieved?
More informationSOCIAL POLICY AND SOCIAL PROTECTION SECTION EASTERN AND SOUTHERN AFRICA REGION. Working Paper
Progress in the national response to Orphans and other Vulnerable Children in sub-saharan Africa: The OVC Policy and Planning Effort index (OPPEI) 2007 Round WORKING PAPER Summary Report August 2008 unite
More informationFINANCIAL INCLUSION IN AFRICA: THE ROLE OF INFORMALITY Leora Klapper and Dorothe Singer
FINANCIAL INCLUSION IN AFRICA: THE ROLE OF INFORMALITY Leora Klapper and Dorothe Singer OVERVIEW Global Findex: Goal to collect comparable cross-country data on financial inclusion by surveying individuals
More informationThe African Development Bank Group. Financial Products and Services. BOS Presentation. March 22, 2018
The African Development Bank Group Financial Products and Services BOS Presentation March 22, 2018 OUTLINE OF THE PRESENTATION 1 2 3 The Bank Group Syndications, Co-financing and Client Solutions Department
More informationG20 Leaders Conclusions on Africa
G20 Leaders Conclusions on Africa 2008-2010 Zaria Shaw and Sarah Jane Vassallo G20 Research Group, August 8, 2011 Summary of Conclusions on Africa in G20 Leaders Documents Words % of Total Words Paragraphs
More informationRegional Economic Outlook for sub-saharan Africa. African Department International Monetary Fund November 30, 2017
Regional Economic Outlook for sub-saharan Africa African Department International Monetary Fund November 3, 217 Outline 1. Sharp slowdown after two decades of strong growth 2. A partial and tentative policy
More informationIncident Response. We ve had a privacy breach now what?
Incident Response We ve had a privacy breach now what? The threat of information breaches is well known and much discussed. The classification of the breach as a privacy breach may very well introduce
More informationSECURED TRANSACTIONS AND COLLATERAL REGISTRIES PEER TO PEER LEARNING EVENT
SECURED TRANSACTIONS AND COLLATERAL REGISTRIES PEER TO PEER LEARNING EVENT Presentation Title: Overview of Credit Reporting Worldwide Moyo Violet Ndonde Accra, Ghana - 3-5 July, 2012 -Session no. 2 Summary
More informationAscoma, your insurance solutions in Africa
, your insurance solutions in Africa Overview has been present in Africa as an insurance broker for over six decades. This long history allows us to deliver a tailored service throughout the continent,
More informationInternational Comparison Programme Main results of 2011 round
1. Introduction International Comparison Programme Main results of 2011 round The 2011 International Comparison Program (ICP) is a global statistical program managed and coordinated by the World Bank.
More information4 th Session of the Continental Steering Committee (CSC) for the African Project on the Implementation of the 2008 System of National Accounts
4 th Session of the Continental Steering Committee (CSC) for the African Project on the Implementation of the 2008 System of National Accounts Report on the Survey of The Current Status and Needs Assessment
More informationPROGRESS REPORT NATIONAL STRATEGIES FOR THE DEVELOPMENT OF STATISTICS. May 2010 NSDS SUMMARY TABLE FOR IDA AND LOWER MIDDLE INCOME COUNTRIES
NATIONAL STRATEGIES FOR THE DEVELOPMENT OF STATISTICS PROGRESS REPORT NSDS SUMMARY TABLE FOR IDA AND LOWER MIDDLE INCOME COUNTRIES May 2010 The Partnership in for in the 21 st Century NSDS STATUS IN IDA
More informationLusaka, 7 May Note: The original of the Agreement was established by the Secretary-General of the United Nations on 2 June 1982.
. 2. b) Agreement establishing the African Development Bank done at Khartoum on 4 August 1963, as amended by resolution 05-79 adopted by the Board of Governors on 17 May 1979 Lusaka, 7 May 1982. ENTRY
More informationPrivacy is Paramount Personal Data Protection in Africa
Privacy is Paramount Personal Data Protection in Africa 2 The importance of compliance with personal data protection legislation for business growth and international trade With the advancement of technological
More informationEstablished in July 1989, extended, current closing date July 31, 2017.
DEBT REDUCTION FACILITY (DRF) and external commercial debt buyback operations Annual Meeting of Multilateral Development Banks on Debt Issues Washington, DC - July 10-11, 2012 THE WORLD BANK Plan 1. DRF
More informationArgentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
More informationRegional Profile Sub-Saharan Africa (SSA)
Regional Profile Sub-Saharan Africa (SSA) Region Pro le of Sub-Saharan Africa (SSA) Doing Business 2019 Indicators (in order of appearance in the document) Starting a business Dealing with construction
More informationWorking Group on IMF Programs and Health Expenditures Background Paper April 2007
Working Group on IMF Programs and Health Expenditures Background Paper April 2007 What Has Happened to Health Spending and Fiscal Flexibility in Low Income Countries with IMF Programs? By David Goldsbrough,
More informationSTRUCTURING INVESTMENTS INTO AFRICA THROUGH MAURITIUS/ESTATE PLANNING AND WEALTH MANAGEMENT FOR HIGH NET WORTH INDIVIDUALS IN EAST AFRICA (KENYA)
STRUCTURING INVESTMENTS INTO AFRICA THROUGH MAURITIUS/ESTATE PLANNING AND WEALTH MANAGEMENT FOR HIGH NET WORTH INDIVIDUALS IN EAST AFRICA (KENYA) Presentation by Mona K. Doshi Senior Partner Anjarwalla
More informationAn Introduction to Subnational DeMPA
An Introduction to Subnational DeMPA CEMLA MEXICO CITY MARCH 2013 1. Methodology 2.Links with Lifecycle of a loan 3. Implementation 4. Preliminary Results 2 1 What is the Subnational Debt Management Performance
More informationH. R. To provide for the cancellation of debts owed to international financial institutions by poor countries, and for other purposes.
[0hih]... (Original Signature of Member) 0TH CONGRESS ST SESSION H. R. To provide for the cancellation of debts owed to international financial institutions by poor countries, and for other purposes. IN
More informationWorld Meteorological Organization
WMO World Meteorological Organization Working together in weather, climate and water REGIONAL WORKSHOP ON IMPLEMENTATION OF WEATHER- AND CLIMATE- RELATED SERVICES IN THE LEAST DEVELOPED COUNTRIES (LDCs)
More informationReport on Countries That Are Candidates for Millennium Challenge Account Eligibility in Fiscal
This document is scheduled to be published in the Federal Register on 04/09/2012 and available online at http://federalregister.gov/a/2012-08443, and on FDsys.gov BILLING CODE: 921103 MILLENNIUM CHALLENGE
More informationRECENT ECONOMIC DEVELOPMENTS AND THE MACROECONOMIC OUTLOOK: FY 2019/ /23 MEDIUM TERM BUDGET PERIOD
RECENT ECONOMIC DEVELOPMENTS AND THE MACROECONOMIC OUTLOOK: FY 2019/20-2022/23 MEDIUM TERM BUDGET PERIOD Presentation During the Launch of the Preparation of FY 2019/20 and the Medium-Term Budget at KICC,
More informationw w w. k u w a i t - f u n d. o r g
w w w. k u w a i t - f u n d. o r g Introduction A few months after gaining independence, the State of Kuwait established Kuwait Fund for Arab Economic Development on st December 96 to assist other
More informationFinancial Market Liberalization and Its Impact in Sub Saharan Africa
Financial Market Liberalization and Its Impact in Sub Saharan Africa Hamid Rashid, Ph.D. Senior Adviser for Macroeconomic Policy UN Department of Economic and Social Affairs, New York This does not represent
More informationBuilding resilience and reducing vulnerability in small states
Building resilience and reducing vulnerability in small states Jeffrey D. Lewis Director, Economic Policy, Debt and Trade Department World Bank Why makes small states different from other countries High
More informationBackground Note on Prospects for IDA to Become Financially Self-Sustaining
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Background Note on Prospects for IDA to Become Financially Self-Sustaining International
More informationDebt Management: The Alphabet Soup
Debt Management: The Alphabet Soup DSF MTDS DeMPA Leonardo Hernández Economic Policy and Debt Department The World Bank Outline I. Why is Debt Management Important? II. III. IV. The Debt Management Facility
More informationGEF Evaluation Office MID-TERM REVIEW OF THE GEF RESOURCE ALLOCATION FRAMEWORK. Portfolio Analysis and Historical Allocations
GEF Evaluation Office MID-TERM REVIEW OF THE GEF RESOURCE ALLOCATION FRAMEWORK Portfolio Analysis and Historical Allocations Statistical Annex #2 30 October 2008 Midterm Review Contents Table 1: Historical
More informationIncreasing aid and its effectiveness in West and Central Africa
Briefing Paper Strengthening Social Protection for Children inequality reduction of poverty social protection February 29 reaching the MDGs strategy security social exclusion Social Policies social protection
More informationPresented for participation in The Council for the Development of Social Science Research in Africa (CODESRIA) 11th General Assembly
Presented for participation in The Council for the Development of Social Science Research in Africa (CODESRIA) 11th General Assembly Paper Title : Poverty Reduction In Africa Through The Poverty Reduction
More informationWIPO s Cooperation With LDCs In Appropriate Technology Project Harare, Zimbabwe October, 2014
Workshop on Access To Scientific and Technical Information For Technological Capacity Building and Product Branding: WIPO s Cooperation With LDCs In Appropriate Technology Project Harare, Zimbabwe October,
More informationCapital Markets Development. Frankfurt, Germany. 12 th April 2018
Capital Markets Development Frankfurt, Germany. 12 th April 2018 The African Development Bank Transforming Africa since 1964 Our mission is to promote sustainable economic development and social progress
More informationWILLIAMS MULLEN. U.S. Trade Preference Programs & Trade Agreements
WILLIAMS MULLEN U.S. Trade Preference Programs & Trade The attached listing reflects the status of special U.S. trade programs or free trade agreements ("FTA") between the U.S. and identified countries
More informationPart I The Design and Negotiation of Economic Partnership Agreements (EPAs)
Economic Partnership Agreements between Africa and the European Union: What to do Now? Full Report on Implementing Interim EPAs Part I The Design and Negotiation of Economic Partnership Agreements (EPAs)
More informationReport to Donors Sponsored Delegates to the 12th Conference of the Parties Punta del Este, Uruguay 1-9 June 2015
Report to Donors Sponsored Delegates to the 12th Conference of the Parties Punta dell Este, Uruguay 1-9 June 2015 1 Contents Details of sponsorship Table 1. Fundraising (income from donors) Table 2. Sponsored
More informationDRAFT RATES AND MONETARY AMOUNTS AND AMENDMENT OF REVENUE LAWS BILLS
DRAFT RATES AND MONETARY AMOUNTS AND AMENDMENT OF REVENUE LAWS BILLS Standing Committee on Finance Presenters: National Treasury and SARS 19 April 2016 Contents 1. Introduction 2. Tax revenue trends and
More informationAn Introduction to DeMPA
An Introduction to DeMPA DeMPA Training Mexico City, Mexico February 28 March 4, 2011 1. Methodology 2.Links with Lifecycle of a loan 3. Implementation 4. Reform Plan 2 1 What is the Debt Management Performance
More informationIn an era of changing levels and forms of financial support, this
SECTION 20 RESOURCE MOBILIZATION TOPICS The Challenge of Funding Your Organization s Mission Alternative Sources of Resources Practical Ways to Plan Resource Mobilization In an era of changing levels and
More informationAFRICAN DEVELOPMENT FUND. Decentralization Progress Report (Background Paper #4)
AFRICAN DEVELOPMENT FUND Decentralization Progress Report (Background Paper #4) ADF-XI Replenishment Meeting 14 15 March 2007 Dar-es-salaam, Tanzania 1 1. BACKGROUND 1.1 By Resolutions adopted on 27 September
More informationSocial Protection in sub-saharan Africa: Will the green shoots blossom?
Social Protection in sub-saharan Africa: Will the green shoots blossom? Miguel Niño-Zarazúa United Nations University World Institute for Development Economics Research Background Rise of social protection
More informationSupplementary Table S1 National mitigation objectives included in INDCs from Jan to Jul. 2017
1 Supplementary Table S1 National mitigation objectives included in INDCs from Jan. 2015 to Jul. 2017 Country Submitted Date GHG Reduction Target Quantified Unconditional Conditional Asia Afghanistan Oct.,
More informationSenior Leadership Programme (SLP) CATA Commonwealth Association of Tax Administrators
Senior Leadership Programme (SLP) CATA Commonwealth Association of Tax Administrators Prospectus 2018 Senior Leadership Programme The Senior Leadership Programme (SLP) is designed to equip senior tax officials
More informationINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS. Resolution No. 612
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS Resolution No. 612 2010 Selective Increase in Authorized Capital Stock to Enhance Voice and Participation of Developing and Transition
More informationAnnex Supporting international mobility: calculating salaries
Annex 5.2 - Supporting international mobility: calculating salaries Base salary refers to a fixed amount of money paid to an Employee in return for work performed and it is determined in accordance with
More informationThese notes are circulated for the information of Members with the approval of the Member in charge of the Bill, the Hon W.E. Teare, MHK.
HEAVILY INDEBTED POOR COUNTRIES (LIMITATION ON DEBT RECOVERY) BILL 2012 EXPLANATORY NOTES These notes are circulated for the information of Members with the approval of the Member in charge of the Bill,
More informationTRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime
A F R I C A WA T C H TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia
More information2012/13 THE LITTLE DATA BOOK ON AFRICA
2012/13 THE LITTLE DATA BOOK ON AFRICA 2013 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org
More informationChina-Africa Investment Forum Beijing June 2013 FOCUS: MAURITIUS. A presentation by Mardemootoo Solicitors
China-Africa Investment Forum Beijing June 2013 FOCUS: MAURITIUS A presentation by Mardemootoo Solicitors Mauritius...Star & Key of the Indian Ocean Mauritius: a strategic stop-over into Africa Mauritius
More informationWorking Party on Export Credits and Credit Guarantees
Unclassified TAD/ECG(2008)1 TAD/ECG(2008)1 Unclassified Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 11-Jan-2008 English - Or. English
More informationWGI Ranking for SA8000 System
Afghanistan not rated Highest Risk ALBANIA 47 High Risk ALGERIA 24 Highest Risk AMERICAN SAMOA 74 Lower Risk ANDORRA 91 Lower Risk ANGOLA 16 Highest Risk ANGUILLA 90 Lower Risk ANTIGUA AND BARBUDA 76 Lower
More informationAfrica Evacuation Benefit
Africa Evacuation Benefit 2016 You can read this document to find out everything about Discovery Health Medical Scheme s ( DHMS/Scheme ) Africa Evacuation Benefit ( Africa Benefit ) for 2016. It will give
More informationTrade Note May 16, 2005
Trade Note May 16, 2005 The World Bank Group www.worldbank.org International Trade Department By Paul Brenton and Takako Ikezuki These notes summarize recent research on global trade issues. They reflect
More informationSotiris A. Pagdadis, Ph.D.
www.pwc.com Leveraging PPPs for Airport Management and Development ACI 21 st African Region Annual Assembly, Conference and Exhibition: Overcoming the challenges of Airport development in Africa 28 August,
More informationInternational Investment Arbitration in Africa: Year in Review 2016
INTERNATIONAL ARBITRATION TEAM International Investment Arbitration in Africa: Year in Review 2016 International investment arbitration also known as investment treaty arbitration or investor- State arbitration
More informationNSDS STATUS IN IDA AND LOWER MIDDLE INCOME COUNTRIES
NSDS STATUS IN IDA AND LOWER MIDDLE INCOME COUNTRIES Progress report as of November 2010 The following table presents the status of National Strategies for the of (NSDS) in International Association (IDA)
More informationCLEAN TECHNOLOGY FUND ELIGIBILITY OF GUARANTEES FINANCED FROM THE CLEAN TECHNOLOGY FUND FOR SCORING AS OFFICIAL DEVELOPMENT ASSISTANCE
CTF/TFC.3/4 April 24, 2009 Meeting of the CTF Trust Fund Committee Washington, D.C. May 11, 2009 Agenda Item 4 CLEAN TECHNOLOGY FUND ELIGIBILITY OF GUARANTEES FINANCED FROM THE CLEAN TECHNOLOGY FUND FOR
More informationSDT 413. Debt Sustainability in Sub- Saharan Africa: Unraveling Country-Specific Risks. Autores: Bill Battaile F. Leonardo Hernández Vivian Norambuena
SDT 413 Debt Sustainability in Sub- Saharan Africa: Unraveling Country-Specific Risks Autores: Bill Battaile F. Leonardo Hernández Vivian Norambuena Santiago, Noviembre de 2015 DEBT SUSTAINABILITY IN SUB-SAHARAN
More informationVolume 36, Issue 3. Tax Mobilization in Sub-Saharan Africa: The Impact of Tax and Business Law Reforms.
Volume 36, Issue 3 Tax Mobilization in Sub-Saharan Africa: The Impact of Tax and Business Law Reforms. Luisito Bertinelli University of Luxembourg Arnaud Bourgain University of Luxembourg Abstract This
More informationThe cost of closing national social protection gaps
The cost of closing national social protection gaps Michael Cichon Graduate School of Governance, UNU Maastricht International Council on Social Welfare (ICSW) Expert Group meeting, Report on the World
More information